Archive for March 5th, 2010

Member's post – India

Ashish Kyal

Nifty hourly – Wave v of Minuette degree is ready for next round of assault in the skyward direction
1st scenario – If wave v is equal to wave i then Nifty will kiss the tag 5210 in the next spurt.
2nd scenario – If wave v get extended (i.e. 161.8% of wave i) then in that case Nifty will kiss the tag 5310 in the next leg itself.

Dharmesh Patel

Vishvesh


Waves.Forex – EURRON strengthens against EURO.

WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators. REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS – UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS – USA


Channels.Bvb – Late Economic Update

Login for orpheus.asia member’s area here.

CHANNELS.BVB is our second perspective product published on MONDAY, WEDNESDAY AND FRIDAY. The report uses conventional technical tools and focuses on stocks more than Indices. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.ROM and CHANNELS.ROM are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers just BVB stocks all mid cap and small cap.

CHANNELS.BVB on FRIDAY covers the Late Economic Sector cycle including Energy, Staples, Pharma, Utilities and Chemicals sector stocks.
REUTERS RIC – (SNPP.BX, ROMP.BX, OILT.BX, PTRI.BX, PEXI.BX, ENPL.BX, TSEL.BX, MOPN.BX, BERS.BX, ALUM.BX, OLTC.BX, ALRO.BX, OTSP.BX, AMSL.BX, AZOM.BX, VNCA.BX, PPLS.BX, MJMR.BX, SIZA.BX, CBCM.BX, ZIMC.BX, PCLR.BX, ATBE.BX, SCDB.BX, BIOF.BX, DAFR.BRQ)

Performance cycles is a term coined by Orpheus Capitals. This is another name for time triads, time arbitrage, time fractals but expressed in terms of relative performance. It’s a bounded oscillator that moves in a range say from 1 to 30. 1 is top relative performance and 30 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick.

ORPHEUS STORE

ORPHEUS RESEARCH AT REUTERS – UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS – USA

Share


Romanian Sentiment Review – The March Reversal

Last year when we talked about the March reversal, the comments from many on the internet called it a fantasy scenario. This is what we said, “When it comes to BETFI, March has a mathematical symmetry. End of March 2009 may provide a reversal.”

Blog Link

What happened? Markets moved up from 8000 to 30,000, a rise of 275%. Now that we are once again in March 2010. The month is known for key reversals. We are expecting a turn down now, 50% lower from current levels. This means BETFI 15,000. The sentiment readings are mixed. Individual respondents are extremely bullish, while institutional users are neutral. Historically speaking retail extreme readings can’t  be ignored. Short term readings are also neutral. Individual readings are also key because the number of respondents are more than the institutional users.

The sentiment readings at 68 for BETFI (6 months) is still near historical highs and extremely bullish. A drop of 50% in value is the last thing market participants would be expecting now.  Advance – Decline indicator is also negative and does not suggest a positive tone to us. The indicator continues to diverge from the market prices.  Prices make higher high, while indicator makes lower high.  We continue to expect selling in March 2010. Primary, multi year bottoms are tricky. We have seen a wave of excitement till now, let’s witness some volatility now.


Login for orpheus.asia member’s area here.

A Sentiment Index reading can assist to measure these extremities in mood and potential market turns. Survey respondents will not only benefit from the interpretation and indicator readings but also will be invited for regular training seminars on sentiment indicators and provided relevant literature. Orpheus Capitals and Prognosis.ro are two independent research companies publishing the Romanian Sentiment Review. RSR is a sentiment index based on the survey of market players. The respondents are queried on a host of areas including time frame of expectations, bullish and bearish bias and sectoral preferences. The data is then analysed to create various sentiment indices. The readings of the various indices explains the market sentiment and market direction. We also furnish the sentiment data on a periodical basis to financial institutions, fund managers and brokers for further research and investment.

PROGNOSIS and ORPHEUS RESEARCH

ORPHEUS RESEARCH AT REUTERS – UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS – USA